Question
On April 3, 2020, Mike paid his entire $550,000 tax federal liability. Unfortunately, Clerk A, the IRS employee who received Mikes payment, did not properly
On April 3, 2020, Mike paid his entire $550,000 tax federal liability. Unfortunately, Clerk A, the IRS employee who received Mikes payment, did not properly update Mikes account to reflect Mikes payment. On April 8, 2020, a Revenue Officer reviewed a transcript of Mikes account. As a result of Clerk As error, the transcript of Mikes account showed that Mike still had an outstanding federal tax liability of $550,000. On April 17, 2020, the IRS filed a Notice of Federal Tax Lien ("NFTL") against Mike which attached to his interest in the land. Mike received notice of the NFTL on April 20, 2020. You represent Mike. Question: what relief, if any, should Mike request from the Internal Revenue Service?
a. He should request that IRS release the NFTL.
b. He should request that IRS discharge the NFTL.
c. He should request that IRS to withdraw the NFTL.
d. He should request that IRS to subrogate the NFTL. e. None of the above.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started